Investment in the hotel sector in Cyprus, aimed at increasing the value of the property, is gaining momentum amid a recovery of local tourism. A minimum of five such properties will open on the island in the coming years after reconstruction. Among them:
Thalassa in Paphos
The luxury hotel is located in the Peyia neighborhood, on top of a hill overlooking Coral Bay. Not far from the hotel is the archaeological site of Maa Paleokastro, and you can walk to the beach in 7 minutes. The convenient location makes the hotel one of the best choices for accommodation in the city.
Thalassa Boutique Hotel & Spa has undergone a major renovation - modernizing both rooms and common areas, as well as landscaping the surrounding area. The hotel renovated the central entrance, main lobby, conference rooms, restaurants, and cafes. It took about 6 months to renovate the hotel complex.
The hotel has 100 comfortable rooms and suites, all with a sea view. Now all rooms meet the modern requirements of elite 5-star hotels. The rooms are equipped with new functional furniture and appliances. They harmoniously combine comfort and unrivaled luxury.
For the convenience of guests in Thalassa Boutique Hotel & Spa, there are two restaurants and two bars, a large swimming pool. The main gem of the hotel is the luxurious spa center Anagenisis, which offers a wide range of recovery procedures. There is a pleasant relaxing atmosphere, high-quality equipment, and a qualified staff of specialists. The official opening of the hotel is scheduled for April 2024.
Horizon in Paphos
Louis Plc is undertaking a major refurbishment at the hotel to transform it into a modern 5-star hotel. The hotel currently has a 4-star rating. The hotel was built in 2002. It consists of a main 4-story building and an additional 3-story building with elevators. There are 149 rooms in the main building and 66 rooms in the additional building. After the renovation, guests of the new hotel will be able to relax in the cozy spa center or relax in the sauna, there will be several swimming pools, including a large indoor pool and a pool for children. Fitness enthusiasts will be able to visit the gym, equipped with the latest technology, or play on the tennis courts. On the territory of the hotel, there will be 3 bars and a chic restaurant. Among other places for recreation and entertainment are provided: sun terrace, animation, and children's club.
Spacious comfortable rooms will be decorated in exquisite elite style and kept in pleasant pastel colors, and balconies will open a magnificent panoramic view of the Mediterranean Sea. The hotel complex is expected to be in operation in May 2024.
Grand Resort in Limassol
As part of strengthening its presence in Cyprus, Israel's Fattal Hotel Group bought the popular 5-star Grand Resort hotel in Limassol last year. The group said it planned to carry out a major renovation at the hotel. Once the modernization of the building is completed, the hotel will be included in the Leonardo Hotels Limited Edition chain. The Grand Resort is a luxury 5-star hotel in the prestigious Amathus area of Limassol. The hotel has 255 rooms: standard, family, junior suites and suites. All rooms offer fantastic panoramic views and are decorated in white with bright blue accent details. There are four restaurants and 3 bars on site. These include poolside Anthea, Salaminia, and Kyma, offering a unique gastronomic experience, as well as Kyoshi Teppan Yaki and Kyoshi Sushi Bar, Kohili Surf N' Turf and Ethnic Lounge & Bar. Guests have access to the Musses Spa, chromotherapy whirlpool, hammam, Jacuzzi, and sauna.
Nausicaa Beach in Protaras
Nausicaa Beach Hotel of Louis Hotels chain will welcome its guests in the new season with a new look. The hotel, located in Fig Tree Bay in Protaras, has undergone an extensive renovation of all public areas.
The hotel consists of several 3-storey buildings. A total of 196 comfortable rooms are available for guests. The hotel has an indoor and outdoor restaurant, a Greek tavern, 2 bars, 2 outdoor pools, a children's pool, a fitness center, a health spa center, a children's club, an original children's playground, volleyball, table tennis, and amphitheater, offering daily evening entertainment shows for adults and children. By the way, not so long ago Cyprus Nausicaa Beach was recognized as the best family hotel in the world.
Palm Beach in Larnaca
Construction work on the radical renovation and complete modernization of the Palm Beach Hotel in Larnaca is proceeding feverishly. The renovation project includes:
- Construction of a 9-story residential high-rise with 56 apartments.
- Equipping an underground parking lot with 214 parking spaces.
- Construction of a 4-story apartment building with 28 luxury apartments in condominium format.
- Construction of an open-air restaurant in the hotel garden.
- Expansion of the hotel restaurant.
- Reconstruction and renovation of existing bungalows.
The project is expected to be commissioned in 4 years.
